September 7, 2024

UK fund manager investing $600 million for 40% stake in SPNEC unit

By Alena Mae S. Flores – September 6, 2024, 9:47 pm from manilastandard.net Executives of Actis Capital and Solar Philippines New Energy Corp. sign an investment agreement for the former’s acquisition of a 40-percent stake in SPNEC unit Terra Solar […]
July 13, 2024

Meralco PowerGen executive appointed new head of SPNEC

By Jenniffer B. Austria – July 12, 2024, 9:55 pm from manilastandard.net The newly-appointed president and chief executive of Meralco PowerGen Corp. (MGen) was elected as the president of SP New Energy Corp (SPNEC). SPNEC said in a disclosure to […]
May 8, 2024

SPNEC plans to welcome 2 foreign partners this year

By Alena Mae S. Flores – May 7, 2024, 8:50 pm from manilastandard.net SP New Energy Corp. (SPNEC) expects to take in “at most” two foreign partners in Terra Solar Philippines Inc. within the year, an executive said Tuesday. SPNEC […]
October 13, 2023

Meralco investing P15.9b for majority stake in SPNEC

By Alena Mae S. Floresand / Jenniffer B. Austria – October 12, 2023, 9:15 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Thursday it is investing P15.9 billion to take a majority stake in SP New Energy Corp. […]